Forum Discussion
Janedb
Aug 11, 2023Iron Contributor
Sliding scale charges
Hi, can someone assist with a formula to workout charges according to sliding scale rates? See sample attached.
Riny_van_Eekelen
Aug 11, 2023Platinum Contributor
Janedb What makes you think the correct answer is 140.30? With a consumption of 8 and a rate of almost 354 for anything over 1.6 you are already nearing 2,300.
I would change the formula a bit and note that you need to add an extra column in the rates table for the rate increase for each bracket and use that one within SUMPRODUCT. Then the answer in F12 becomes 2.428.79
- JanedbAug 11, 2023Iron Contributor
Riny_van_Eekelen because I am using the bill as a guide. See image.
- Riny_van_EekelenAug 11, 2023Platinum Contributor
Janedb But that screenshot doesn't reveal anything on the rate brackets.
Edit: When you divide 141.30 by 8 you arrive at a rate of 17.66 which is lower than the lowest rate in your table ???